140
140
Nov 7, 2012
11/12
by
KNTV
tv
eye 140
favorite 0
quote 0
cliff that andrea mentioned, automatic spending increases are coming that run fathomable. i think the only thing harder to comprehend than how to solve it is not solving it. it must be solved, and i think out of that our politics will change. republicans will have to choose whether to work with the president or not. the president will get an historic bipartisan achievement when he pulls this off and the implications of putting obamacare in place and enshrining it which this deal will do and raising taxes on the wealthy and having fundamental tax reform will shake up politics more than this election since this election as you said just preserved the status quo. >> one quick point because mark went into this, the way they won, and i was a skeptic about the ability to come up with a computerized model, and it was a bloodless point by point way of tailoring each state and each appeal, and i just thought where is the human element and what are they not taking into account? this is politics. it's messy. it's not an accountant's game, but they did it in this fashion, and i think
cliff that andrea mentioned, automatic spending increases are coming that run fathomable. i think the only thing harder to comprehend than how to solve it is not solving it. it must be solved, and i think out of that our politics will change. republicans will have to choose whether to work with the president or not. the president will get an historic bipartisan achievement when he pulls this off and the implications of putting obamacare in place and enshrining it which this deal will do and...
1,053
1.1K
Jan 9, 2013
01/13
by
KNTV
tv
eye 1,053
favorite 0
quote 0
we are barreling towards fiscal cliff part two, the sequel to what we just have seen. some people say the debate coming up could be worse over the debt ceiling and spending. do you want to see the republican party stand firm and refuse to raise the debt ceiling until there are severe, dramatic and severe spending cuts, keeping in mind the last time we debated this, the credit rating of the united states is lower. are you willing to risk that again? >> i think we need to stand firm on getting some real significant spending reductions. we've now done what the president wanted to do. he wanted to raise taxes on the highest earning americans and republicans have now acquiesced to that. now it's time for the president to stand up and say here is what i need to do. if he's going to be a credible compromiser, he needs to stand up. >> do republicans refuse to raise the debt limit if those spending cuts are not deep enough? >> we've got a bunch of different options at our disposal. continuing resolution coming up in march. you have a number of other things that you can do that
we are barreling towards fiscal cliff part two, the sequel to what we just have seen. some people say the debate coming up could be worse over the debt ceiling and spending. do you want to see the republican party stand firm and refuse to raise the debt ceiling until there are severe, dramatic and severe spending cuts, keeping in mind the last time we debated this, the credit rating of the united states is lower. are you willing to risk that again? >> i think we need to stand firm on...
313
313
Oct 10, 2012
10/12
by
KNTV
tv
eye 313
favorite 0
quote 0
this morning on "today's money," we're talking with the fiscal cliff, something you'll be hearing a lot of in the coming months. if congress fails to act by the end of the year a package of tax increases and spending cuts threatens to throw the country back into recession. today financial editor jean chatzky is here to sort it all out. good morning. >> reporter: this . >> good morning. >> this is based on a stalemate that's been in existence for a time. what's at stake here? >> at the end of the year, as you said, there's spending cuts that affect more than 1,000 government programs. >> mandated. >> absolutely. that could go into effect. tax cuts set to expire, including the bush tax cuts and the payroll tax cut. combined, all of these things could wipe about 5% growth off the economy, throw us into recession and the tax increases from 90% of americans. >> that sounds like the doomsday scenario. i mentioned there's been a stalemate so far, but the pressure is going to month on both sides to get something done. what's the likelihood we end up falling off this fiscal cliff? >> it's teeter
this morning on "today's money," we're talking with the fiscal cliff, something you'll be hearing a lot of in the coming months. if congress fails to act by the end of the year a package of tax increases and spending cuts threatens to throw the country back into recession. today financial editor jean chatzky is here to sort it all out. good morning. >> reporter: this . >> good morning. >> this is based on a stalemate that's been in existence for a time. what's at...
397
397
Sep 25, 2012
09/12
by
KNTV
tv
eye 397
favorite 0
quote 0
recovery is the fiscal cliff, the combination of automatic tax hikes and spending cuts looming in january that could stop the economy cold if congress and the white house failed to act. >> if i was to sort of give a piece of very humble and modest advice, it would be focused on the very dear consequences that could result from the fiscal cliff actually resulting in a 4% deficit reduction. this is something that is very, very serious. >> reporter: she sees her job as more than just euros and dollars lending her considerable cashe to honor democracy activist aung san suu kyi and she sees herself helping generations to come. >> it's given me a difficult responsibility because i know that a lot of women, younger women, but also sometimes much more senior women, will be at me and say we can do it. she can do it, so we can do it. >> reporter: she has four years left in her term, trying to keep the world safe from default, but already she's being talked about as a future first woman president of france. >> a little pressure on her shoulders, mo question. >> reporter: i'll say. >> thank you very
recovery is the fiscal cliff, the combination of automatic tax hikes and spending cuts looming in january that could stop the economy cold if congress and the white house failed to act. >> if i was to sort of give a piece of very humble and modest advice, it would be focused on the very dear consequences that could result from the fiscal cliff actually resulting in a 4% deficit reduction. this is something that is very, very serious. >> reporter: she sees her job as more than just...
1,012
1.0K
Nov 30, 2012
11/12
by
KNTV
tv
eye 1,012
favorite 0
quote 0
. >> reporter: a very different tone on capitol hill as fiscal cliff negotiations remain rocky. the president sent his top negotiator, treasury secretary tim geithner to meet with congressional leaders. afterward, house speaker john boehner said the white house had not proposed spending cuts needed to win critical republican votes. >> i have to tell you, i'm disappointed in where we are, i am disappointed in what's happened in the last couple weeks. >> reporter: senate majority leader harry reid fired back saying democrats put forward a serious plan and ridiculed boehner when asked about the argument that the ball is in the democrats' court. >> i don't understand his brain, so you should ask him. >> reporter: away from the hill, vice president biden took his own steps to push for fiscal cliff compromise, stopping in d.c.'s first costco. warning the economy could suffer greatly if lawmakers can't get a deal done. he proudly flashed his store membership card. >> i went to get my wife's card, she said no, no, no, get your own. >> reporter: according to sources at the white house an
. >> reporter: a very different tone on capitol hill as fiscal cliff negotiations remain rocky. the president sent his top negotiator, treasury secretary tim geithner to meet with congressional leaders. afterward, house speaker john boehner said the white house had not proposed spending cuts needed to win critical republican votes. >> i have to tell you, i'm disappointed in where we are, i am disappointed in what's happened in the last couple weeks. >> reporter: senate...
581
581
Nov 13, 2012
11/12
by
KNTV
tv
eye 581
favorite 0
quote 0
cliff set to hit at the end of the year if bush-era tax cuts expire and automatic spending cuts kick in. >>> anti-virus software developer john mcafee is wanted by officials for questioning in the murder of his neighbor. american gregory fall was found dead of a gunshot wound on saturday night, just days after he'd filed a formal complaint against mcafee for, quote, roguish behavior. according to the associated press, other neighbors have been questioned, but mcafee has not been available at his home. >>> tenz tension is rising in the middle east as israel's army claims it has made direct hits. on syrian military vehicles. the move comes in retaliation for a syrian mortar shell landing in the israel-controlled golan heights. this as cross-border bombings between turkey and syria threaten to draw the region into the ongoing syrian crisis. meantime this morning, israeli air strikes struck the gaza strip as retaliation for rocket attacks from the hamas-controlled area. >>> police say the deaths of five family members in toledo, ohio, were the result of a murder-suicide. officials say th
cliff set to hit at the end of the year if bush-era tax cuts expire and automatic spending cuts kick in. >>> anti-virus software developer john mcafee is wanted by officials for questioning in the murder of his neighbor. american gregory fall was found dead of a gunshot wound on saturday night, just days after he'd filed a formal complaint against mcafee for, quote, roguish behavior. according to the associated press, other neighbors have been questioned, but mcafee has not been...